Time-varying effect of international iron ore price on …
Iron ore is an essential industrial raw material and important part of national strategic reserves. Its price has fluctuated dramatically since the 2000s, and there is a general belief that price shifts will transmit to inflation (Ahn et al., 2017).For example, iron ore price increased from $12.38/ton in January 2000 to $154.46/ton in August 2008, with an increase of …
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